ANYTIME FITNESS - EASTERN SUBURBS
MITCHAM VIC
Last asking price $1,390,000
Sold June 2023
Health & Beauty, Recreation
Anytime Fitness is a 24 hour health and fitness club and open all year long. This brand operates over 2,400 locations across 19 countries and, with over 12 years trade history, this business model is envied by all its competitors. This business is located in a high foot traffic area and is blessed with the perfect health conscious demographics fuelling continued business growth and market penetration for years to come. Versatile and affordable memberships backed by the latest equipment, amazing amenities, highly qualified personal trainers & staff, means this place is arguably the best gym facility in the Eastern Suburbs. It's time to get physically and financially fit with this booming business and great lifestyle choice. Call Michael on xxxxxxxxxx today to discuss this outstanding money maker further!
BUSINESS HIGHLIGHTS:
Run under Full Management
Very Strong net profit $35,750 per month
Open 24/7 gym in a high profile location in the Eastern Suburbs
Runs with 1 full time staff & 1 casual staff (all personal trainers are contracted)
Part of the "Anytime Fitness" franchise, well established brand & reputation
BUSINESS STRENGTHS:
Over 1100 members in total, 63% on 18 month contracts, 37% on 12 month contracts
Top of the line security system fully remote with card swipe entry
Car parking on lease 6 and surrounded with 300 2 hrs parking spaces
State of the art equipment spend over two huge training areas
LEASE AND RENT:
Term: 1.5 years remaining on current term
Further terms: Two (2) further terms each of five (5) years
Current weekly rent $1,914 + outgoings
Rent reviews: 4% p.a
Size of venue: 442meters sqr
EQUIPMENT:
1st class equipment in perfect condition and all under 2 years old
"Hammer Strength" & "Life Fitness" branded equipment, fully maintained under hire purchase
FINANCIALS:
Full financials Available for qualified buyers on meeting with vendor on site
PRICE:
$1,390,000
Call Michael xxxxx to inspect TODAY!
Get in Quick! As they say, SUMMER profits are made by BUYING a business in SPRING!